NextGen Healthcare Issues Statement Following Senate Sustainable Growth Rate Vote, ICD-10 Delay
HORSHAM, Pa.--(BUSINESS WIRE)--
NextGen
Healthcare Information Systems, LLC., a wholly owned subsidiary of Quality
Systems, Inc. (NASDAQ: QSII) and a leading provider of healthcare
information systems and connectivity solutions, today issued a statement
following the Senate vote to patch the Sustainable Growth Rate ("SGR" or
"Doc Fix") and delay ICD-10 for another year to October 2015.
Michael Lovett, executive vice president and general manger provided the
following comment: "The Senate's vote to patch the SGR and delay ICD-10
for another year doesn't impact our commitment to helping move
healthcare forward or our focus on preparing clients to meet all
regulatory deadlines. We agree that ICD-10 is of tremendous importance
to emerging value-based payment models and to the efficient delivery of
quality care; we also view the move to data driven healthcare as a
significant step in the right direction. However, we as a healthcare
community must now look beyond the delay and focus on other reform
initiatives as well as looming Meaningful Use deadlines. We need to
remind providers that ICD-10 and Meaningful Use are complementary
initiatives, and providers would be well-suited to focus on both.
Providers need to ensure they are employing or are upgrading to an ONC
2014 Edition certified electronic health record (EHR). While the process
for gearing up for these major reforms may be onerous, we believe the
results have the potential to revolutionize healthcare in ways never
seen before and providers have a better chance of succeeding if they are
prepared. Providers should continue to act now to take advantage of the
opportunities contained in the Affordable Care Act and to achieve
associated incentives and benefits for their practice."
NextGen® Ambulatory EHR version 5.8 is ONC 2014 Edition
certified as a Complete EHR. Using NextGen Ambulatory EHR version 5.8
and the clinical content (NextGen® KBM) version 8.3 allows
for providers to meet the 2014 government mandates for meaningful use in
2014 and ICD-10 compliance in 2015.
About NextGen Healthcare
NextGen Healthcare Information Systems, LLC, a wholly owned subsidiary
of Quality Systems, Inc., provides integrated clinical, connectivity and
financial solutions, including revenue cycle management services for
ambulatory, inpatient and dental provider organizations. For more
information, please visit www.nextgen.com
and www.qsii.com.
Follow NextGen Healthcare on Twitter at www.twitter.com/nextgen,
Facebook at http://www.facebook.com/NextGenHealthcare
or LinkedIn at http://www.linkedin.com/company/nextgen-healthcare-information-systems.
Certain statements in this news release are forward-looking
statements within the meaning of the federal securities laws, including
but not limited to those statements made by Michael Lovett related to
the SGR, ICD-10, and developments and trends in the healthcare industry.
These statements are based on current expectations of future events. If
underlying assumptions prove inaccurate or unknown risks or
uncertainties materialize, actual results could vary materially from the
Company's expectations and projections. Factors that could cause
the anticipated results to differ from those described in the
forward-looking statements include the possibility that products will
not achieve or sustain market acceptance; the impact of incentive
payments under The American Recovery and Reinvestment Act on sales and
the ability of the Company to meet continued certification requirements;
the development by competitors of new or superior technologies; the
timing, cost and success or failure of new product and service
introductions, development and product upgrade releases; undetected
errors or bugs in our software; changing economic, political or
regulatory influences in the healthcare industry; availability of
third-party products and components; competitive pressures including
product offerings, pricing and promotional activities; the Company's
ability or inability to attract and retain qualified personnel; possible
regulation of the Company's software by the U.S. Food and Drug
Administration; and general economic conditions. Additional risks
and uncertainties are set forth in the Company's public filings with the
U.S. Securities and Exchange Commission, including the discussion under
the heading "Risk Factors" in the Company's most recent Annual Report on
Form 10-K and any subsequent Quarterly Reports on Form 10-Q. The
Company expressly disclaims any intent or obligation to update these
forward-looking statements except as required by law.
© 2014 Quality Systems, Inc., Irvine, CA 92612
® marks owned by Quality Systems, Inc.
All other non-QSI Marks are the property of their respective owners.

NextGen Healthcare
Michelle Rovner, 215-657-7010
[email protected]
Source: NextGen Healthcare
News Provided by Acquire Media
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